Govt risks losing sizeable revenue
The absence of a definition of inputs in the VAT law has put at risk the target of revenue mobilisation from manufacturing companies, officials say.Under the VAT law, manufacturers are entitled to get refund or adjust the VAT they pay at the time of purchasing or procuring inputs.In the VAT...
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BUET students continue demo for trial of Abrar’s killers
Hundreds of students of the Bangladesh University of Engineering and Technology (BUET) continued their protest for the second consecutive day on Tuesday, demanding quick trial of Abrar's killers.The agitating students locked all gates of the academic and administrative buildings, as they did not get any concrete assurance from the authority...
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Higher yield entices foreigners back to bond market
Foreign nationals have renewed their interest in investing in the country's treasury bonds as the yield rates have gone up on the back of government's rising appetite for funds.The overseas investors until recently stayed away from investing in the fixed income instruments as the yield rates were much lower, central...
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